When did Ribbon Finance launch?

I'm curious to know when Ribbon Finance, a notable player in the crypto and decentralized finance space, first came onto the scene. With its unique approach to liquidity provision and market making, Ribbon Finance has garnered significant attention in the crypto community. Understanding the timeline of its launch could provide valuable insights into the evolution of this rapidly growing sector. Can you provide a brief description of when Ribbon Finance was initially launched and perhaps even some context surrounding its inception?